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ADB/Asian Development Bank

ADB, World Bank launch Pacific islands projects under new cofinancing model

The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz
The World Bank logo is seen at the 2023 Spring Meetings of the World Bank Group and the International Monetary Fund in Washington, U.S., April 13, 2023. REUTERS/Elizabeth Frantz

ADB slashes 2026 growth forecast for Singapore by nearly half to 1.4% on US tariff hit

ADB said additional US tariffs on pharmaceuticals and semiconductors would mostly affect South-east Asia, with the former primarily hitting Singapore.
ADB said additional US tariffs on pharmaceuticals and semiconductors would mostly affect South-east Asia, with the former primarily hitting Singapore.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.